16 FEB 2020 Japan filed a petition against South Korea with the World Trade Organization (WTO) on Friday over what it says is excessive aid to South Korea’s domestic shipbuilding industry. Local media reports that Japan has asked South Korea to discuss the issue which it says is affecting international competition, …
Read More »SOUTH KOREAN GOVERNMENT TO FUND SHIPPING MODERNIZATION PROGRAM
15 FEB 2020 South Korea’ Financial Services Commission has announced $690 million in funding to help modernize aging passenger and cargo ships. The plan aims to support the construction of 21 passenger vessels and 38 cargo vessels. Shipping companies will be reinbursed for up to 60 percent of the cost …
Read More »SHALLOW WATER EFFECTS CONTRIBUTED TO RO/RO’S GROUNDING: MAIB
14 FEB 2020 The UK Marine Accident Investigation Branch (MAIB) has published its final report on the grounding of the ro/ro freight ferry Sea truck Performance last year, and it determined that shallow water effects – squat and bow cushion – were a contributing factor. At 2243 hours on May 8, 2019, …
Read More »EVERGREEN LINE DEFENDS SHIP BREAKING PRACTICES
13 FEB 2020 Editor’s note: Taiwanese shipping line Evergreen has responded to our report on the NGO Ship breaking Platform’s recently published list of ships dismantled worldwide in 2019, which called out Evergreen specifically over its ship breaking practices. Evergreen Line’s response is published in full below. Evergreen Line once again emphasizes that …
Read More »TANKER OPERATOR CONVICTED OF UNLAWFUL DISCHARGE OF BILGE WASTE
12 FEB 2020 Bernhard Schulte Shipmanagement (Singapore) Pte Ltd has pleaded guilty in U.S. federal court to maintaining false and incomplete records relating to the discharge of bilge waste from the tanker Topaz Express. U.S. District Judge Derrick K. Watson of the District of Hawaii accepted the guilty plea. Chief Engineer …
Read More »SMELLING ROSE WHILE SLEEPING COULD HELP KIDS LEARN
12 FEB 2020 If humans are truly capable of learning while we sleep, our noses might be the key. A new study on children suggests that subtle smells, like the fragrance of a rose, might help us to strengthen specific memories from the day. Researchers in Germany found students were …
Read More »INDIAN OCEAN HIGH RISK AREA NEEDS RETHINKING: DRYAD
11 FEB 2020 Maritime security consultant Dryad Global has released its annual analysis of worldwide maritime security incidents, suggesting that the significant security costs for transits in the Indian Ocean and through the Red Sea are no longer justified. Despite commanding the largest premiums and associated costs of armed guards, …
Read More »INDIA TO BUILD MAJOR NEW WEST COAST PORT
10 FEB 2020 India’s Prime Minister Shri Narendra Modi has granted approval in principle for a new major port at Vadhavan near Dahanu in Maharashtra on India’s west coast. Jawaharlal Nehru Port Trust (JNPT), also in Maharashtra, will be the lead partner in the project by providing at least 50 …
Read More »YANG MING SHIP ARRESTED IN AUSTRALIA FOR POLLUTION DEBT
09 FEB 2020 The sister ship of the YM Efficiency, which lost 81 shipping containers off the coast of Newcastle and Port Stephens in June 2018, has been arrested in Sydney for a pollution debt that could reach as high as AU$20 million ($13.4 million). The Federal Court Admiralty Marshall arrested …
Read More »SHIPPING INDUSTRY CONTINUES TO FAVOR SOUTH ASIA BEACHES FOR SHIP BREAKING
13 FEB 2020 A total of 674 ocean-going ships and offshore vessels were dismantled worldwide in 2019, with the vast majority broken down on the beaches of Bangladesh, Indian, and Pakistan, the NGO Ship breaking Platform said in its yearly report. According to new data released by the group, among …
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